VNX Exchange (ie Venture Exchange) is launching a European digital asset marketplace specifically for tokenized venture capital assets. As part of its push to bring greater liquidity to the digital assets market, the Exchange has announced the addition of Dominique Valschaerts, former CEO of the Brussels Stock Exchange and former member of the Executive Committee of the Luxembourg Stock Exchange, to its board of directors.
VNX explains their intent to bring a regulatory compliant and secure exchange to Europe and reduced the barriers for retail investors and unlock venture capital as an asset class to a far broader group of investors. VNX predicts that tokenizing the investment portfolios of VC firms and startup accelerators will open them up for trading in a secure and investor-friendly environment. Their exchange will thus stimulate an influx of new capital into technology, innovation, and entrepreneurship. Venture capital is currently a fairly tight knit industry that boxes out most investors. VNX adds that the VC market is focusing more and more on later stage deals, while most startup founders are struggling to access financing. Their liquidity solution may help alleviate this issue.
Founded by Alexander Tkachenko, Luxembourg based VNX says it brings extensive experience in the venture capital industry as well as capital markets and technology entrepreneurship.
Tkachenko is also the founder and managing partner of the Luxembourg-based venture capital fund 2be.lu,
“Our mission is to make it simple and affordable for any VC investor or startup accelerator to make their investment portfolios liquid and thus access more capital,” says Tkachenko, “while allowing almost anyone, be it large financial institutions or regular private investors, to invest in the future “Ubers” and “Teslas” of the world.”